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UPMC to Acquire CommonSpirit’s Trinity Health System in Ohio Valley Expansion
Pittsburgh, Pennsylvania-based UPMC has signed a definitive agreement with CommonSpirit Health to acquire Trinity Health System, a hospital system operating multiple hospitals and outpatient facilities across the Ohio Valley. The transaction, which is expected to close in fall 2026 pending regulatory approvals and customary closing conditions, includes Trinity West, Trinity East, Trinity St. Clairsville Neighborhood Hospital, Trinity Twin City Medical Center and associated clinics. No financial terms were disclosed. Trinity Health System is part of Chicago-based CommonSpirit Health and operates hospitals, neighborhood facilities and physician clinics serving eastern Ohio. UPMC said the... Read More »
MBF Healthcare-Backed Arete Health Adds Two PT Practices
Arete Health, a physical therapy platform backed by MBF Healthcare Partners, acquired Virginia Rehabilitation & Wellness and Summerville Physical Therapy & Balance for Adults, expanding its footprint across Virginia and South Carolina. Terms of the transactions were not disclosed. The additions increase Arete Health’s presence in the Mid-Atlantic and Southeast and bring its network to 16 outpatient rehabilitation clinics. The acquired practices provide outpatient physical therapy and balance-focused rehabilitation services, adding clinical capacity and geographic reach to Arete Health’s platform. The deals follow prior expansion activity by Arete Health as it continues to scale its... Read More »U.S. Urology Partners Affiliate Grows Boston Footprint with MetroWest Urology Deal
Greater Boston Urology, an affiliate of U.S. Urology Partners since 2023, acquired MetroWest Urology, Natick, Massachusetts, expanding its footprint in the Boston market. The practice is run by Dr. Ravi Kacker. The addition extends the platform’s presence into Massachusetts and represents a continued build-out of its physician network across the state. Terms of the transaction were not disclosed. MetroWest Urology provides specialty urologic care, contributing additional providers and clinical capacity to Greater Boston Urology’s existing network. The deal aligns with the platform’s strategy of affiliating with independent urology practices to increase density in key suburban markets while... Read More »
Atrium Health and WakeMed Announce Merger Plans
With $2 billion in investment promised, Atrium Health and WakeMed have announced a plan to merge, which could create one of the largest health systems in North Carolina. Under the proposed deal, WakeMed will join Atrium Health, an 11-hospital system with more than 900 locations across the Charlotte region. According to the press release, the deal requires the Wake County Board of Commissioners to approve an amendment to WakeMed’s 1997 Transfer Agreement, which granted WakeMed ownership of several healthcare assets, but on the condition that it provide “ongoing hospital services” to every patient, regardless of socioeconomic status. Once that step is finalized, the... Read More »
Pediatrica Health Group Acquires Westchester, Florida Pediatric Practice
Miami-based Pediatrica Health Group acquired a pediatric primary care practice in the Westchester neighborhood of Miami-Dade County operated by Dr. Juan Ruiz-Unger. The acquired practice has delivered care to local families for more than 40 years, including well-child checks, sick visits, chronic conditions and support for underserved patients with special needs. Pediatrica Health Group operates a multi-site platform providing pediatric primary care for children from birth to age 18 and supplies acquired practices with back-office resources and technology that reduce administrative burdens and expand capacity, including for Medicaid patients. The transaction has enabled the addition of... Read More »
UCB Acquires Candid Therapeutics
UCB has announced that it entered into an agreement to acquire Candid Therapeutics. Under the terms of the agreement, UCB will pay $2 billion upfront payments and up to $200 million in potential future milestone payments. In March, it was reported that Candid was to be acquired by Rallybio Corporation, a clinical-stage biotechnology company, but the deal was terminated. Candid Therapeutics is a clinical-stage biotechnology company focused on transforming the treatment of autoimmune and inflammatory diseases through novel T-cell engager (TCE) platforms. Candid is advancing two lead B-cell depleting TCEs, with a goal to broadly... Read More »
Carlyle Acquires Knack RCM and EqualizeRCM
On May 4, Carlyle announced the acquisition of Knack RCM and EqualizeRCM. Headquartered in Austin, Texas, EqualizeRCM is a leading provider of revenue cycle management (RCM) services to physicians, hospitals, ambulatory surgery centers, labs and other healthcare providers and investors throughout the United States. Knack RCM empowers healthcare delivery organizations with end-to-end RCM services that generate efficiencies, accelerate payments and deliver operational insights. Knack has a deep global bench of more than 5,800 dedicated healthcare experts and serves a broad range of healthcare providers in a variety of formats,... Read More »
Disciplined Capital in Healthcare: McGuireWoods’ 2026 Healthcare Private Equity and Finance Conference Recap
McGuireWoods’ 2026 Healthcare Private Equity and Finance Conference brought together private equity (PE) investors, lenders, healthcare executives, investment bankers and legal advisors to examine strategies for deploying capital and creating long-term value in a market shaped by selectivity and uncertainty. Held April 29-30, 2026, at The Ritz-Carlton Chicago, the event served as a key forum for examining the evolving investment landscape in 2026. Panels throughout the conference highlighted the growing selectivity and discipline required in today’s healthcare deal environment. Economic uncertainty persists alongside strong, long-term demand for quality healthcare services. Sessions... Read More »
UMass Memorial Adds Hopedale Cardiology to Its Network
UMass Chan Medical School, a public medical school affiliated with UMass Memorial Health, announced this week that it had added Hopedale Cardiology to its network. Hopedale Cardiology is based in Upton, Massachusetts, and delivers a range of cardiology services, including cardiac catheterization, echo and stress testing, transesophageal echocardiography and pacemaker and implantable cardioverter defibrillator procedures at Milford Regional Medical Center. The practice is led by Dr. Scott Brownstein and six other physicians, according to the press release. UMass Memorial Health and Milford Regional Medical Center entered into a corporate affiliation on October 1, 2024. Under this... Read More »Schedule a demo
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